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Lifelines of National Economy
'Efficient means of transport are pre-requisites for fast development'. Explain.
Efficient means of transport are pre-requisites for fast development:
(i)Goods and services do not move from supply locales to demand locales on their own. The movement of these goods and services from their supply locations to demand locations necessitates the need for transport.
(ii)Some people are engaged in facilitating these movements. These are known to be traders who make the products come to the consumers by transportation.
(iii)Thus, the pace of development of a country depends upon the production of goods and services as well as their movement over space.
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Which one of the following terms is used to describe trade between two or more countries
State any three merits of roadways.
Where and why is rail transport the most convenient means of transportation?
What is the significance of the border roads?
What is meant by trade? What is the difference between international and local trade?
Why are the means of transportation and communication called the lifelines of a nation and its economy?
Write a note on the changing nature of the international trade in the last fifteen years.
Northern terminal of the North South Corridor.
The name of National Highway No. 2.
The headquarter of the southern railway zone.
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